Ariel Re made a modest loss of $29mn in 2008, as $80mn in unrealised investment losses and $225.9mn in net losses from hurricanes pushed the class of 2005 (re)insurer into the red for the year.
Ariel Re made a modest loss of $29mn in 2008, as $80mn in unrealised investment losses and $225.9mn in net losses from hurricanes pushed the class of 2005 (re)insurer into the red for the year.